Thereās nothing quite like a parlay, and bookmakers give sports bettors the chance to create multiple parlays from just one bet. These arše round robin bets, and hereās everything you need to know about round robin FanDuel bet ā one of the USā premier sportsbooks.
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FanDuel Round Robin Bet Explained
A sports betting round robin is an innovative bet type which breaks down your parlay into smaller combination betļ·½s. Shoulź¦d you choose the round robin option on FanDuel, your split bets will be created automatically.
The name isš² derived from a round-robišn tournament, a format which sees every team play one another in its group. In this instance, instead of teams playing against each other, theyāre forming parlay bets.
The more selections in your parlay results in more round robin combinations, but you do have to lay staā¦kes down on these split bets. So, the more parlay selections, the more expensive it likely will be to create a round robin.
In short, FanDuelās round robin is a more fun way of providiną¶£g parlay insurance. Youāre not guāØaranteed to make a profit, but youāll be paid out for each combination that wins.
How Do I Place a Round Robin?
The excellent FanDuel makes life easy for those that want to create a round robin bet. Heršeāź©µs how you can place a round robin with the bookmaker:
Create your parlay by browsing FanDuelās sportsbook. Youāll need at least š§øthree selections, and these will automatically be added to your bet slip once youāve clicked the odds.
Click the āTeasers & Round Robinsā tab located underneath your seleāctions.
FanDuel automatically creates all the comā±ābinations from your parlay to create your round robin bet.
You must then decide how much you want to stake in total. In the stake box, youāre entering how much you want to stšŗake on each parlay created from the round robin. FšÆor example, if you place $1 on a round robin. For example, if you place $1 on a round robin that creates three parlays (By 2s x3 wagers), your total stake would be $3.
FanDuel will then supply you with a review of your round robin bet, incšluding the odds for each bet.
If youāre hź¦¬appy with your selections,š place your bets!
Example of FanDuel Round Robin Bet
You can get creative with your round robin bets and use an array of different sports markets. However, for this example, Iām keeping it simple. This is what a round robin looks liške with a three-leg NFL moneyline parlay.
Here are the games Iām betting on:
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1.
Patriots vs Jets ā Patriots to win
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2.
Ravens vs Steelers ā Steelers to win
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3.
Chiefs vs Chargers ā Chiefs to win
Here are the round robin bets that would be created frš§øom this thāree-leg parlay:
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Parlay 1: Patriots & Ravens
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Parlay 2: Patriots & Chiefs
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Parlay 3: Ravens & Chiefs
In this case, Iād need just two teams to win to have a winning parlay. If the Patriots and Chiefs both win but the Ravens lose. Parlay 2 would be ź§a winner in the above example.
Benefits of Round Robin Bets
There are certainly peš¦©rks to this unique bet type. Such benefits include:
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Allows sports bettors to spread the risk acrošss different outcomes with large payouts still offered.
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Round robin bettors are not dependent on one single outcome. The bet offers some form of parlay ź¦ insurance.
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Encourages bettorsį£ to back the underdog šwhen placing moneyline bets.
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Your chances of winning are iāncreased by spreadiš§ng your bets across multiple team combinations.
ThePuntersPage Final Say
Round robišøn FanDuel undoubtedly mitigates some of the risk associated to parlay betting, providing some insurance if one of your selections doesnāt come in. The bet type encourages the backing of underdogs and does increase your chances of winning, but thereās no guarantee of profit being made. These are expensive bets which are still hard to pull off.
FanDuel Round Robin FAQ
A round robin bet is a series of smaller parlays createād from a largerš parlay bet. Instead, of placing one big bet, a round robin separates your selections into various combinations. Youāll get paid out for each combination that wins.
Youāll see the āRound Robinā tab on your FanDuel betslip once youāve created a parlay.
The bookmaker will automatically create your round robin bet, and make it cšlear how many different bets have beenš· created.
If this is the case, itās likely that you chose selections from the same gāame which canāt be combined in a round robin bet.
š¹Itās a fun and innovative way of enjoying parlay betting. Strategicallšy, though, itās not the most conducive for long-term success given how expensive these bets can be.
You donāt need all your selections to come in to win a parlay bet. There are multiple bets created as a result of the round robin, and youāll win if any of the combināØations are successful althougšh a profit is not guaranteed.